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Press Release

1999-10-15

Appointments of Directors

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Anne Holm Rannaleet has been appointed Director of Knowledge Resources and Information. Anne Holm Rannaleet, who is based in Stockholm started with Industri Kapital at the time of its inception in 1989.

Hannu Ryöppönen, who is joining Industri Kapital, has been appointed as Anne Holm Rannaleet’s successor as Finance Director and will be based in London. Hannu Ryöppönen joins from the IKEA Group where he has served as Executive Director, Treasury since 1985. Prior to that Hannu Ryöppönen worked at Chemical Bank, London and New York and held positions with Alfa Laval in the USA and Sweden.

About Industri Kapital

Industri Kapital is a leading European private equity investment firm with assets under management in excess of one billion Euros. Since 1989 a total of more than 30 investments have been made in companies in various industries. The fund investors are mainly well-known Nordic, European and American institutional investors.

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